Morgan Stanley
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India’s HDFC Bank has launched bookbuilding for a qualified institutional placement (QIP) of common stock and a fresh offering of American Depository Receipts (ADRs), with a view to raise up to Rp155bn ($2.26bn). -
BeiGene had covered books for its HK$7.3bn ($933m) IPO in Hong Kong by Tuesday morning, just two days after the deal hit screens.
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Hot on the heels of China Tower’s $9bn Hong Kong IPO, another state-owned giant is planning a bumper share sale in the city.
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World Bank’s $5bn July 2021 was the solitary benchmark available for BondMarker scoring in the week commencing July 16 — and voters rewarded the supranational for picking a window that it had all to itself.
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Ford's Chinese auto lending subsidiary is selling a Rmb4bn ($587.1m) securitization in the renminbi market later this week, coming to the market a fortnight after Nissan. The originator is deploying the fixed-and-floating combo used by Nissan — a tactic which will help the company broaden its investor base, say bankers.
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HDFC Asset Management Co is set to raise Rp28bn ($407.5m) from its IPO after a vast show of demand from institutions and non-institutional investors, according to a source close to the deal.
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BeiGene is set to become the first issuer to sell shares under new rules in Hong Kong, after the exchange moved to encourage secondary listings by overseas-traded companies.
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US companies stayed away from issuing bonds this week, amid continuing volatility and concerns about second quarter earnings after Facebook offered "bombshell guidance".
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Singapore’s Temasek Holdings raised $1.35bn on Wednesday from the sale of a 10 year bond, proving that investors still have the appetite for longer tenors if the credit is right.
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Telecommunications infrastructure giant China Tower found huge demand for its multi-billion-dollar IPO this week as it kicked off bookbuilding in Hong Kong. The deal is a counter-balance to a flood of technology listings in the market this year. Jonathan Breen reports.
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Pinduoduo, one of China’s hottest technology start-ups, sealed its $1.6bn IPO at the top end as expected, but not all American Depository Share (ADS) listings were so lucky this week as investors remained on edge.
